PYMNTS

NOVEMBER 22, 2016

21) that it launched Verifone Engage with the all-in-one countertop product Verifone V200c in Europe. The company also said the Verifone Engage family of devices are now available to small and medium business across Germany via InterCard, a network service provider which Verifone bought in 2015. Verifone announced on Monday (Nov.

Chip Cards 69

Chip Cards Contactless Payments EMV CHIPS 69

PYMNTS

SEPTEMBER 30, 2019

Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. Both are generations that have grown up with technology and feel comfortable using it to purchase products at all price ranges,” he said. In the U.S. trillion and $1.5

Chip Cards 40

Chip Cards CHIPS Authentication Accreditation 40

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential.

Contactless Payments 88

Contactless Payments Push-to-Card Encryption Online and Mobile Banking 88

PYMNTS

AUGUST 3, 2016

Mastercard is extolling the virtues of EMV technology and is highlighting its efforts in helping countries adopt the chip terminal system. According to Chiro Aikat, Senior Vice President of product delivery for EMV at Mastercard, EMV technology consistently brings “significant reduction in counterfeit card fraud.”.

EMV 40

EMV Visa CHIPS Chip Cards 40

PYMNTS

JULY 25, 2016

The number of payment cards in circulation around the world increased by 8 percent to 13 billion in 2015, with the Middle East, Africa and Asia-Pacific seeing the fastest growth. trillion spent in 2015, with 37 percent market share. As of the end of 2015, there were 5.3

Chip Cards 40

Chip Cards Visa CHIPS Bank Card 40

PYMNTS

AUGUST 3, 2016

consumer credit cards are now enabled with chips, marking an 88 percent increase in chip card adoption since the Oct. 1, 2015 EMV liability shift. Today, Mastercard announced that 80 percent of its U.S. The company also reported that, in its network, there are now 1.7

EMV 43

EMV Visa CHIPS Chip Cards 43

PYMNTS

SEPTEMBER 6, 2019

We hope you had a great holiday, and that this past week was productive and profitable. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Chip cards are now accepted at more than 3.7 million merchants, whereas in September of 2015 that number was only 392,000. That’s an 825 percent increase.

Cross-Border 46

Cross-Border Cross-Border Payments Innovation Online and Mobile Banking 46

PYMNTS

JUNE 17, 2016

Today, there are 300 million chip cards in circulation and 1.2 It’s also the first to say that there could and should be more places for consumers to use their chip cards. Visa is the first to admit that a lot of progress has been made in the U.S. EMV migration over the last seven months. Visa’s Quick Path To EMV.

EMV 50

EMV CHIPS Chip Cards VARS 50

PYMNTS

APRIL 28, 2016

is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., The shift to EMV in the U.S. Last year alone, over 2.06 marking a twofold increase over 2014.

EMV 41

EMV CHIPS Chip Cards Contactless Payments 41

PYMNTS

OCTOBER 20, 2016

That figure is down by 7 percent since 2015. One-in-five consumers are considering using wearables or smart devices to pay, which has increased by 2 and 3 percent, respectively, from 2015. The device processes EMV twice as fast as the previous Clover Go product. chip migration? use cash at least weekly to make a purchase.

Payment APIs and Integration 65

Payment APIs and Integration Online and Mobile Banking EMV Chip Cards 65

Stax

NOVEMBER 6, 2023

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. As a result, you can accept payment cards and other payment types virtually anywhere you sell your products and services.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

NOVEMBER 3, 2017

Such is the case with EMV — the chip that allows customers to pay with a credit card by inserting or “dipping” it into a point-of-sale (POS) card reader instead of swiping the old mag stripe. Why invest now when there will be a new “latest and greatest” product tomorrow? billion EMV chip cards in circulation.

EMV 43

EMV Contactless Payments CHIPS Chip Cards 43

PYMNTS

MAY 23, 2016

A statement released by MCX CEO Brian Mooney on May 16, via a PR rep, said that MCX is delaying a nationwide rollout of its CurrentC mobile payments product. Durbin sent to the the chip card consortium EMVCo, whose member companies are American Express, Discover, JCB, MasterCard, UnionPay and Visa. No encore was demanded.

EMV 43

EMV Mobile Payments Push-to-Card Chip Cards 43

PYMNTS

FEBRUARY 6, 2018

And so the latest installment of Data Drivers could not be more timely, as PYMNTS’ Karen Webster and GIACT EVP of product David Barnhardt delved into how identity fraud has progressed, where it might be headed and what conscientious consumers and companies can do in a brave new world where losses are in the billions and victims are in the millions.

Identity Theft 48

Identity Theft Social Security Addressing Consumer 48

PYMNTS

FEBRUARY 15, 2019

We all agreed it was a productive meeting, and so we were amazed that Jeff Bezos would decide to just cancel – to announce today that he’s canceling the project.” Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register.

Romance Scams 46

Romance Scams Scams Federal Trade Commission Chip Cards 46

PYMNTS

AUGUST 5, 2016

Mastercard started with week with an announcement of how its Mastercard Send product would extend the reach and the speed of Early Warning’s clearXchange P2P network for bank customers with a Mastercard branded debit product. So, we all know this – chip cards were not going to fix the problem of fraud at the POS.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

PYMNTS

JANUARY 6, 2020

Chip cards didn’t exist in the U.S. Paytm was a brand-new prepaid mobile card in India. Let’s not forget how hard many laughed at the Amazon Dash buttons , which were introduced in 2015 and were brushed off as an April Fool’s joke. Look who’s laughing now.

Economy 70

Economy Innovation Interoperability Consumer 70

PYMNTS

JUNE 27, 2016

Your head of product walks into your office with his end of quarter report for one of your flagship services. This service was positioned as a critical feature in driving demand for other products and services in the company’s portfolio. Twenty months later, here’s the update from your head of product. . But that’s the reality.

EMV 66

EMV Online and Mobile Banking Checks Consumer 66

Fintech Labs Insights

OCTOBER 16, 2016

In fact, according to a recent report from Mastercard, 88% of consumers have been issued chip cards, but only 33% of merchant locations accept them. over the course of the year and found: 78% of cards now contain EMV chips, up from 46% in October 2015. Check out CardFlight’s full EMV report here.

EMV 17

EMV P2P Same Day ACH FinTech 17

PYMNTS

SEPTEMBER 30, 2016

Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. Not surprising, since there are more than 700 million chip cards in circulation in the U.S.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

PYMNTS

MARCH 10, 2016

Mobile point-of-sale technology provider CardFlight announced this week its integration with digital payments and FinTech firm Stripe to enable developers to accept EMV chip card payments within mobile applications. banks can now accept, exchange and process check images starting July of this year.

Online and Mobile Banking 41

Online and Mobile Banking EMV P2P Mobile Deposit 41

PYMNTS

MAY 16, 2016

About a year ago, Walmart SVP and Assistant Treasurer Mike Cook referred to then-forthcoming EMV rules as “a joke,” noting that the signatures required at the end of the transaction essentially invalidated any potential security advance offered by the chip card. credit cards).”.

Central Bank 40

Central Bank SWIFT CHIPS EMV 40